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SEMI forecasts global chip industry to invest >$500B in new factories by 2024; automotive and HPC

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The worldwide semiconductor industry is projected to invest more than $500 billion in 84 volume chipmaking facilities starting construction from 2021 to 2023, with segments including automotive and high-performance computing (HPC) fueling the spending increases, SEMI announced in its latest quarterly World Fab Forecast report.

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BNEF forecasts global energy storage market to grow 15-fold by 2030 to 411 GW/1194 GWh

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BNEF’s 2H 2022 Energy Storage Market Outlook sees an additional 13% of capacity by 2030 than previously estimated, primarily driven by recent policy developments. The US and China are set to remain the two largest markets, representing more than half of global storage installations by the end of the decade.

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CharIN response to Tesla opening its North America Charging Standard

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and its CharIN North America Chapter (operating as CharIN Inc.), CharIN is the largest global association focused on the electrification of all forms of transportation based on the seamless and interoperable charging experience enabled by the Combined Charging System (CCS) and the Megawatt Charging System (MCS). issued a response.

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Volvo Trucks had 42% market share of heavy-duty electric trucks in Europe in 2021

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New statistics show that Volvo Trucks was the market leader for heavy all-electric trucks in Europe 2021 with a market share of 42%. The international trucking industry is undergoing a transformation towards more sustainable transport as sales of heavy battery electric trucks are starting to pick up, with Europe in the lead.

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Amsted Industries forms automotive group to focus on electric and traditional vehicle markets

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The integration provides an expanded global presence with 16 facilities in North America, Asia and Europe to serve the global customer base with a robust manufacturing footprint producing over 100 million components and assemblies annually. The world automotive market is going through a period of fundamental change.

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Lithium Americas begins construction at Thacker Pass

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Lithium Americas Corp. Established in 1981 and based in Philadelphia, Aquatech is a global leader in water purification technology for industrial and infrastructure markets with a focus on desalination, water recycling and reuse, and zero liquid discharge (ZLD). EXP Global Inc. EXP Global Inc.

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Snow Lake Lithium calls for the creation of a complete electric vehicle ecosystem across North America

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Seamless electrified ecosystem required from rock to road to secure the North American automotive industry Battery development and production is strategically important for the transition to clean-energy economy and to remain globally competitive Sustainable lithium mining and processing is an essential component of this ecosystem.